HKMA Adjusts Base Rate Following US Federal Reserve's Rate Cut
The Hong Kong Monetary Authority (HKMA) has lowered its Base Rate to 5% in response to the US Federal Reserve's decision to cut the federal funds rate by 25 basis points.
Bitcoin (BTC) Reclaims Key Levels Amid Federal Reserve Rate Cut
Bitcoin has reclaimed the Short-Term Holder cost basis of ~$61.9k following a 0.5% interest rate cut by the Federal Reserve.
BTC Faces Volatility Risk Amid Expected 25 Bps Rate Cut
Bitcoin (BTC) faces potential volatility as the Federal Reserve is anticipated to announce a 25 basis points rate cut, according to Bitfinex Alpha.
Bitcoin (BTC) Faces Volatility as US Interest Rate Decisions Loom
Bitcoin's (BTC) price may experience significant changes as the US Federal Reserve's interest rate decisions approach, according to Bitfinex Alpha.
Risk Appetite Returns to Bitcoin (BTC) Following Federal Reserve's Hints at Rate Cuts
Bitcoin (BTC) surged to $65,000 as risk appetite returned following Federal Reserve Chair Jerome Powell's comments on potential rate cuts.
Circle Comments on Federal Reserve’s Proposal to Extend Payment Service Hours
Circle has responded to the Federal Reserve Board's proposal to extend the service hours of Fedwire and NSS, advocating for broader upgrades to the U.S. payments system.
Hong Kong Monetary Authority Responds to US Federal Reserve's Interest Rate Decision
HKMA addresses stability amid Fed's unchanged interest rates.
Arthur Hayes Discusses Crypto Market Turbulence, US Tax Season, Federal Reserve uncertainty and Bitcoin halving
Arthur Hayes, in the latest edition of Crypto Trader Digest, provides insights into the recent market volatility and its impact on the crypto industry. He discusses the factors contributing to the market fluctuations, including US tax season, the Bitcoin halving event, and the tapering of quantitative tightening by the Federal Reserve. Hayes also highlights the US Treasury's quarterly refunding announcement and the response of the monetary authorities to the failure of Republic First Bank.
U.S. Senate Bill Seeks to Limit Federal Reserve's Role in CBDC Issuance
A new Senate bill, dubbed the CBDC Anti-Surveillance State Act, proposes strict limitations on the Federal Reserve's involvement with CBDCs.
The Resilience of the US Dollar in Global Finance: Insights from Fed Governor Waller
Federal Reserve Governor Christopher J. Waller defended the US dollar's global economic dominance, emphasizing its role as a physical currency, financial asset, and preferred unit of account.